XRP / TetherUSLong
So, still want to buy XRP?
If you were to follow cycles...
No, I wasn’t in this trade.
🔑 Key Observations:
Cycle indicators recently showed a **bottom** on both BTC and USDT pairs, signaling a potential entry point. But remember: when picking a coin to invest in, always analyze its **historical performance against Bitcoin (BTC)** to gauge its strength in future cycles.
📊 Example: OM/BTC
How do we spot a **bullish trend**?
- By analyzing **1-week cycles**:
- Identify the **bottom-to-top range** of a cycle.
- Confirm a bullish trend when the **next cycle bottom** is higher than the previous one.
🔍 Broader Insights:
Since the duration of a bullish trend is unpredictable, we also look at:
- **2-Week Cycles**: Reveal sustained momentum.
- **1-Month Cycles**: Provide a macro perspective for long-term potential.
📌 *Cycle analysis isn’t foolproof, but it sharpens your strategy and aligns your trades with market rhythms.*
#XRP #CryptoCycles #TradingStrategy #BTC
No, I wasn’t in this trade.
🔑 Key Observations:
Cycle indicators recently showed a **bottom** on both BTC and USDT pairs, signaling a potential entry point. But remember: when picking a coin to invest in, always analyze its **historical performance against Bitcoin (BTC)** to gauge its strength in future cycles.
📊 Example: OM/BTC
How do we spot a **bullish trend**?
- By analyzing **1-week cycles**:
- Identify the **bottom-to-top range** of a cycle.
- Confirm a bullish trend when the **next cycle bottom** is higher than the previous one.
🔍 Broader Insights:
Since the duration of a bullish trend is unpredictable, we also look at:
- **2-Week Cycles**: Reveal sustained momentum.
- **1-Month Cycles**: Provide a macro perspective for long-term potential.
📌 *Cycle analysis isn’t foolproof, but it sharpens your strategy and aligns your trades with market rhythms.*
#XRP #CryptoCycles #TradingStrategy #BTC
FREE Newsletter with Bitcoin Cycle Analysis
strategymaster.io/subscribe/
strategymaster.io/subscribe/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.